DEVELOPMENT DEAL. Prime Development Opportunity R3 Lot with Partial RTIAn exceptional opportunity for developers and investors! This R3-zoned lot comes with a partially RTI (Ready-To-Issue) permit, having already passed Planning and currently awaiting approval from the Building and Safety Department. The proposed project is sited for a 20-unit build, consisting of 16 primary units plus 4 ADUs on the ground floor, maximizing the lot’s development potential.Located in a high-demand area with strong rental upside, this property is ideal for those looking to capitalize on Los Angeles’s growing need for multi-family housing. With much of the entitlement process already completed, this is a rare chance to step into a nearly shovel-ready development with significant upside.Don’t miss this outstanding investment opportunity to build a high-yield asset in a desirable neighborhood. The home currently is a Single Family. Floors have been redone, home has been painted inside and out, new Kitchen, new bathrooms, has never been lived in. Large lot of almost 7k sq feet with a newly constructed backyard. This beautiful home is move in ready. Location is ideal, min from Beverly Grove and a few blocks from Freeway. Easy to show and could be leased furnished as well. Already cash flowing at $4,800/ month with tenant in place month to month
Property Details
Price:
$1,750,000
MLS #:
25541897
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16
Listed Date:
May 21, 2025
Finished Sq Ft:
1,479
Total Sq Ft:
1,479
Lot Size:
6,888 sqft / 0.16 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Appliances
RF, GS, VEF
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
NO
Flooring
WOOD
Heating
FF
Laundry Features
IK, DINC, WINC
Exterior
Architectural Style
CRF
Parking Spots
2
Security Features
AG
Financial
Map
Community
- AddressS Fairfax AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 18, 2025
2,101
Single Family Listed
72
Avg DOM
1,009
Avg $ / SqFt
$1,905,300
Avg List Price
Property Summary
- S Fairfax AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $1,750,000 and features 3 beds, 2 baths, and has approximately 1,479 square feet of living space, and was originally constructed in 1925. The current price per square foot is $1,183. The average price per square foot for Single Family listings in Los Angeles is $1,009. The average listing price for Single Family in Los Angeles is $1,905,300.
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S Fairfax AV
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